Came to Bitcoin from my own greed and the dollar value go up a while back.
Learned a whole new unit of value.
Stayed for the revolution.
I think both ideas are right. Price doesn't matter in dollar denomination. But the value of the scarce unit is currently being priced against the most common "currencies"
Sats priced in oil, an acre of land, a winnebago, or as Darth pointed out, ramen. These are all abstractions we use to find "price".